2013 JMD to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 JMD to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the JMD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.7091. Conversely, the yearly low was recorded on December 19, dropping to 1.4977.
This high-to-low spread represents a total annual volatility of 0.2114 NGN. From a start-to-finish perspective, comparing the January average rate of 1.6934 to the December average rate of 1.5230, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 1.7091 was down 9.63% compared to the 2012 peak of 1.8912, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
JMD to NGN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6362, compared to 1.5606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0756 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was February, with a trading range of 0.0548 NGN (High: 1.7091 / Low: 1.6543). On the other end, May was the most stable month, with a tight range of 0.0123 NGN (High: 1.6098 / Low: 1.5975).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0491 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 1.6802) against the same month in 2012 (average: 1.8368), the exchange rate shifted by -0.1566 (-8.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.7083 | 1.6861 | 1.6934 |
| February | 1.7091 | 1.6543 | 1.6802 |
| March | 1.6600 | 1.6178 | 1.6364 |
| April | 1.6195 | 1.5902 | 1.6008 |
| May | 1.6098 | 1.5975 | 1.6028 |
| June | 1.6201 | 1.5840 | 1.6036 |
| July | 1.6074 | 1.5853 | 1.5930 |
| August | 1.6030 | 1.5763 | 1.5881 |
| September | 1.6105 | 1.5567 | 1.5887 |
| October | 1.5679 | 1.5180 | 1.5396 |
| November | 1.5514 | 1.5151 | 1.5310 |
| December | 1.5391 | 1.4977 | 1.5230 |